LACK OF IMPETUS TO PROMOTE INDIAN SYSTEM OF MEDICINES- HIGH GST RATE

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AS PER THE RECENT NOTIFICATION BY THE GOVT OF INDIA ON THE RATES UNDER GST, I UNDERSTAND THAT THE RATES OF GST IS FIXED AT 12% FOR AYURVEDIC/SIDDHA/UNANI/HOMEOPATHIC MEDICINES, WHEREAS 5% IS FIXED FOR  ALLOPATHIC MEDICINES.

INSTEAD OF PROMOTING OUR OWN SYSTEM OF MEDICINES, INSPITE OF HAVING A SEPARATE DEPARTMENT CALLED 'AYUSH', THIS ENHANCED GST RATES WILL PUSH UP THE RATES OF THESE MEDICINES, BEYOND COMMON MAN'S REACH. FURTHER, DEEPER PENETRATION OF THESE SYSTEMS OF MEDICINES WILL ALSO HAVE AN ADVERSE EFFECT BECAUSE OF THIS HIKE IN GST RATE. PRESENTLY IT IS ONLY 5% AND IN CERTAIN SYSTEMS IT IS NIL, LIKE SIDDHA MEDICINES.

HOPE OUR HONOURABLE PRIME MINISTER, SHRI.NARENDRA MODIJI WILL INTERFERE AND SEE TO THAT THE RATES OF GST IS ALTERED FROM 12% TO ATLEAST 5%, IF NOT ZERO PERCENT.

HOPE ALL THE CITIZENS OF THIS COUNTRY WILL SUPPORT THIS ISSUE AND HELP TO BRING DOWN THE GST RATES FOR OUR OWN SYSTEM OF MEDICINE.

 

 KRISHNAKUMAR

 

 

 



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